Societe Generale reiterated their buy rating on shares of NatWest Group (NYSE:NWG) in a research note published on Monday morning, The Fly reports.
Other research analysts have also issued research reports about the stock. Morgan Stanley reiterated an overweight rating on shares of NatWest Group in a research note on Thursday, January 7th. Barclays restated an equal weight rating on shares of NatWest Group in a report on Tuesday, January 12th. UBS Group cut shares of NatWest Group from a buy rating to a neutral rating in a report on Thursday, January 7th. Royal Bank of Canada restated a sector perform rating on shares of NatWest Group in a report on Thursday, November 5th. Finally, Deutsche Bank Aktiengesellschaft restated a sell rating on shares of NatWest Group in a report on Wednesday, December 2nd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $89.13.
NYSE NWG opened at $5.08 on Monday. NatWest Group has a 12 month low of $2.34 and a 12 month high of $5.15. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $30.81 billion, a PE ratio of 29.88 and a beta of 1.54. The company’s 50 day simple moving average is $4.44 and its 200 day simple moving average is $3.69.
Several institutional investors and hedge funds have recently added to or reduced their stakes in NWG. Ballentine Partners LLC bought a new stake in shares of NatWest Group during the third quarter valued at approximately $52,000. Altium Wealth Management LLC acquired a new stake in NatWest Group in the 3rd quarter valued at $305,000. JustInvest LLC acquired a new stake in NatWest Group in the 3rd quarter valued at $55,000. CAPROCK Group Inc. acquired a new stake in NatWest Group in the 3rd quarter valued at $30,000. Finally, Comerica Bank acquired a new position in NatWest Group in the third quarter worth $990,000. Institutional investors and hedge funds own 0.38% of the company’s stock.
About NatWest Group
NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom, the United States, Europe, and internationally. The company's UK Personal Banking segment offers a range of banking products and related financial services to the personal and premier segments in the United Kingdom.
See Also: Operating Income
Receive News & Ratings for NatWest Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NatWest Group and related companies with MarketBeat.com's FREE daily email newsletter.